Steadtrust LLC Has $1.96 Million Stock Position in Powell Industries, Inc. $POWL

Steadtrust LLC lifted its holdings in shares of Powell Industries, Inc. (NASDAQ:POWL) by 199.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 6,835 shares of the industrial products company’s stock after purchasing an additional 4,550 shares during the period. Powell Industries makes up approximately 1.0% of Steadtrust LLC’s investment portfolio, making the stock its 25th biggest holding. Steadtrust LLC’s holdings in Powell Industries were worth $1,957,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Greenline Wealth Management LLC bought a new position in Powell Industries in the 4th quarter valued at about $29,000. Hollencrest Capital Management bought a new stake in Powell Industries during the 1st quarter worth approximately $54,000. MassMutual Private Wealth & Trust FSB increased its holdings in Powell Industries by 183.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 105 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 68 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of Powell Industries by 126.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 113 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 63 shares during the last quarter. Finally, First Horizon Corp purchased a new stake in shares of Powell Industries in the fourth quarter worth approximately $40,000. 89.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Cantor Fitzgerald lifted their price objective on shares of Powell Industries from $160.00 to $320.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Zacks Research lowered shares of Powell Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Glj Research upgraded shares of Powell Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Weiss Ratings downgraded shares of Powell Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Powell Industries from $310.00 to $360.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Powell Industries currently has an average rating of “Buy” and a consensus target price of $236.67.

Powell Industries Stock Performance

NASDAQ:POWL opened at $211.56 on Monday. Powell Industries, Inc. has a 12 month low of $77.73 and a 12 month high of $328.00. The firm’s 50 day moving average is $256.35 and its 200 day moving average is $226.73. The stock has a market capitalization of $7.71 billion, a PE ratio of 40.61, a price-to-earnings-growth ratio of 2.83 and a beta of 1.18.

Powell Industries (NASDAQ:POWL) last announced its quarterly earnings data on Monday, August 3rd. The industrial products company reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.49 by ($0.07). Powell Industries had a net margin of 16.49% and a return on equity of 27.51%. The firm had revenue of $311.74 million for the quarter, compared to the consensus estimate of $316.70 million. During the same period last year, the company posted $3.96 earnings per share. Powell Industries’s revenue for the quarter was up 8.9% on a year-over-year basis. Research analysts predict that Powell Industries, Inc. will post 5.34 earnings per share for the current year.

Powell Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, August 19th. Powell Industries’s dividend payout ratio is currently 6.91%.

More Powell Industries News

Here are the key news stories impacting Powell Industries this week:

• Positive Sentiment: J.P. Morgan reaffirmed its Buy rating on Powell Industries, providing continued Wall Street support for the stock. J.P. Morgan Reaffirms Their Buy Rating on Powell Industries
• Positive Sentiment: Sidoti raised its EPS forecasts for several periods, including Q1 2027 to $1.28, Q2 2027 to $1.54, FY2027 to $6.95, Q1 2028 to $1.56, Q2 2028 to $1.87 and FY2028 to $7.98. The increases indicate expectations for improving earnings over the medium and long term. Sidoti Powell Industries Estimates
• Neutral Sentiment: The estimate changes were mixed overall: Sidoti lowered FY2026 EPS to $5.40 from $5.67 and cut Q4 2026 EPS to $1.59 from $1.78, but maintained a stronger longer-term trajectory with FY2027 and FY2028 earnings forecasts of $6.95 and $7.98, respectively.
• Negative Sentiment: A Seeking Alpha analysis characterized Powell Industries as a potential “bull trap,” arguing that AI- and utility-related growth expectations may already be reflected in the stock’s valuation. With a reported price-to-earnings ratio above 40, valuation risk could weigh on the shares if earnings growth disappoints. Powell Industries: Bull Trap Over AI/Utility-Driven Growth At Hefty Price

Insider Transactions at Powell Industries

In other news, Director Richard E. Williams sold 5,250 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $299.19, for a total transaction of $1,570,747.50. Following the completion of the transaction, the director owned 39,630 shares in the company, valued at approximately $11,856,899.70. This represents a 11.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Thomas W. Powell sold 33,958 shares of Powell Industries stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $294.49, for a total value of $10,000,291.42. Following the completion of the sale, the insider directly owned 564,736 shares of the company’s stock, valued at approximately $166,309,104.64. This trade represents a 5.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 52,588 shares of company stock worth $15,260,841 over the last 90 days. 2.20% of the stock is owned by insiders.

Powell Industries Company Profile

Powell Industries, Inc is an industrial electrical engineering company specializing in the design, manufacture and integration of customized power control and distribution solutions. The firm’s offerings range from medium‐voltage switchgear and power control centers to bus duct, motor control centers and specialty transformers. Powell also provides automation systems, protective relaying, metering, supervisory control and data acquisition (SCADA) platforms, and turnkey engineering services to help clients manage critical power infrastructure.

Serving the oil and gas, petrochemical, refining, utility, mining and industrial sectors, Powell’s products are engineered to meet demanding performance, safety and reliability requirements.